our economic impact stewardship development $0capacity of 2.7 million bpd from the permian basin and...

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Eagle Ford Shale Permian- Delaware Permian- Midland TEXAS OKLAHOMA GULF OF MEXICO Corpus Christi Freeport Sealy Orla McCamey Crane Wichita Falls Cushing Red Oak Pipeline – 400,000 BPD Gray Oak Pipeline – 950,000 BPD EPIC Pipeline – 925,000 BPD Cactus II – 695,000 BPD Cactus I – *390,000 BPD *Upgraded from 310,000 BPD to 390,000 BPD Job Creation & Economic Growth Our Economic Impact Economic activity continues to grow on a local and national level, bringing in new businesses, more jobs and new partnerships. New Pipeline Connections Mean More Opportunity for Texas With a total new pipeline capacity of 2.7 million BPD from the Permian Basin and 400,000 BPD from Cushing to Corpus Christi, these connections will yield major opportunities for crude oil exports. $150B for the U.S. $17B for Texas $3B for Corpus Christi 403M Barrels in 2019 Barrels of Crude Oil (2018 vs 2019) 314M Barrels in 2018 Total Economic Activity (2018) $0 Tax Revenue Assessed by Port of Corpus Christi * *The Port of Corpus Christi does not impose taxes—the only Texas Port who doesn’t exercise taxing authority. In addition, earnings are reinvested into the community. Environmental Stewardship & Sustainability Educational & Workforce Development Corporate Social Responsibility The Port of Corpus Christi volunteers —known as the Port Energy Crew—are passionately committed to community outreach, schools and education, and environmental sustainability. Giving Back to Our Community Maintaining Our Values in Education and Workforce Development The Port of Corpus Christi recruits, develops and retains a high-performing, diverse talent while fostering a healthy, safe, environ- mentally sustainable and productive work culture. 1 in 3 Jobs The Port accounts for 90,000 There are over $4.5 Billion Personal income is estimated at In the Coastal Bend Educational Opportunities The Port of Corpus Christi works to prepare future emergency responders and management professionals via support for programs such as the Texas A&M University’s National Spill Control School and the Del Mar College Emergency Management Program. Supported by a $25K donation from the Port of Corpus Christi, and led by Russell Pickering, Operations Manager and Chairman of the Maritime Advisory Committee, the Del Mar College Maritime Program provides U.S. Coast Guard mandated training, including: Basic Fire Fighting Personal Survival Techniques Personal Safety & Social Responsibility First Aid/CPR Port-Related Jobs 1,075 Total Port Energy Crew Volunteer Hours in 2019 Did You Know? The Texas State Aquarium draws water for its exhibits directly from the Corpus Christi Ship Channel. Environmental Stewardship In 2019, the Port of Corpus Christi completed a Port-wide emission inventory and developed a Clean Fleet program by which it will begin converting the remainder of the Port fleet to low- emission vehicles. This will be completed by 2023. 100% of electricity has been purchased from renewable energy sources since 2017. The Port of Corpus Christi’s sustainability programs enable us to continually improve our environmental performance and leadership. Environmental Milestones

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Page 1: Our Economic Impact Stewardship Development $0capacity of 2.7 million BPD from the Permian Basin and 400,000 BPD from Cushing to Corpus Christi, these connections will yield major

Eagle Ford Shale

Permian-Delaware Permian-

Midland TEXAS

OKLAHOMA

GULF OFMEXICO

Corpus Christi

Freeport

Sealy

Orla

McCamey

Crane

Wichita Falls

Cushing

Red Oak Pipeline – 400,000 BPD

Gray Oak Pipeline – 950,000 BPD

EPIC Pipeline – 925,000 BPD

Cactus II – 695,000 BPD

Cactus I – *390,000 BPD

*Upgraded from 310,000 BPD to 390,000 BPD

Job Creation & Economic Growth

Our Economic ImpactEconomic activity continues to grow on a local and national level, bringing in new businesses, more jobs and new partnerships.

New Pipeline Connections Mean More Opportunity for TexasWith a total new pipeline capacity of 2.7 million BPD from the Permian Basin and 400,000 BPD from Cushing to Corpus Christi, these connections will yield major opportunities for crude oil exports.

$150Bfor the U.S.

$17Bfor Texas

$3B for Corpus Christi

403MBarrels in 2019

Barrels of Crude Oil (2018 vs 2019)

314M Barrels in 2018

Total Economic Activity (2018) $0

Tax Revenue Assessed by Port of Corpus Christi*

*The Port of Corpus Christi does not impose taxes—the only Texas Port who doesn’t exercise taxing authority. In addition, earnings are reinvested into the community.

Environmental Stewardship & SustainabilityEducational & Workforce Development

Corporate Social Responsibility

The Port of Corpus Christi volunteers —known as the Port Energy Crew—are passionately committed to community outreach, schools and education, and environmental sustainability.

Giving Back to Our Community

Maintaining Our Values in Education and Workforce DevelopmentThe Port of Corpus Christi recruits, develops and retains a high-performing, diverse talent while fostering a healthy, safe, environ-mentally sustainable and productive work culture.

1 in 3 Jobs The Port accounts for

90,000There are over

$4.5 Billion Personal income is estimated at

In the Coastal Bend

Educational OpportunitiesThe Port of Corpus Christi works to prepare future emergency responders and management professionals via support for programs such as the Texas A&M University’s National Spill Control School and the Del Mar College Emergency Management Program.

Supported by a $25K donation from the Port of Corpus Christi, and led by Russell Pickering, Operations Manager and Chairman of the Maritime Advisory Committee, the Del Mar College Maritime Program provides U.S. Coast Guard mandated training, including:

Basic Fire Fighting

Personal Survival Techniques

Personal Safety & Social Responsibility

First Aid/CPR

Port-Related Jobs

1,075Total Port Energy Crew Volunteer Hours in 2019

Did You Know?The Texas State Aquarium draws water for its exhibits directly from the Corpus Christi Ship Channel.

Environmental Stewardship

In 2019, the Port of Corpus Christi completed a Port-wide emission inventory and developed a Clean Fleet program by which it will begin converting the remainder of the Port fleet to low-emission vehicles. This will be completed by 2023.

100% of electricity has been purchased from renewable energy sources since 2017.

The Port of Corpus Christi’s sustainability programs enable us to continually improve our environmental performance and leadership.

Environmental Milestones

Page 2: Our Economic Impact Stewardship Development $0capacity of 2.7 million BPD from the Permian Basin and 400,000 BPD from Cushing to Corpus Christi, these connections will yield major

222 Power Street, Corpus Christi Texas 78401

they reflected the significant infrastructure investments made by both private industry and your Port Authority—totaling more than $54 billion of capital investments, allowing the Port to invest more in our community.

We commenced the milestone-making Corpus Christi Ship Channel Improvement Project, a historic and near fully funded federal project to deepen the main channel to 54 feet and widen the channel to 530 feet, plus 200 feet of barge shelves. The dredging for this project is underway and should continue for the next four years, positioning the Port of Corpus Christi as the deepest port in the U.S. Gulf.

Through all projects, we work diligently to enhance the safety and efficiency of our operations while upholding the Port’s commitment to the highest standards of environmental protection in the maritime industry.

Transparency with our neighbors and the communities we serve is paramount. This communication is one of many more to come as we continue to share news from your port, whether in calm seas or troubled waters. We are resilient, we are united, and together, we are PORT STRONG.

NEWS FROM YOUR PORT Spring 2020 Newsletter

Job Creation & Economic Growth (continued)

The Corpus Christi Ship Channel Improvement Project (CIP)The CIP is a Congressionally authorized project to construct improvements to the Corpus Christi and La Quinta Channels.

The $92 million construction contract to deepen the channel from Gulf of Mexico to Harbor Island was awarded to Great Lakes Dredge and Dock and began in Spring 2019. The Port anticipates that the Lower Bay reach contract will be awarded in early 2020, the Upper Bay reach in late 2020 and the Inner Harbor in 2021.

Looking AheadWe will take a phased approach to deepen the channel to 54’ (from 47’), widening to 530’ (from 500’ lower bay, 400’ upper bay), and 200’ wide barge shelves at 14’ in upper bay reach.

Phase I. Gulf of Mexico to Harbor Island

Phase II. Harbor Island to La Quinta Junction

Phase III. La Quinta Junction to Corpus Christi Turning Basin

Phase IV. Corpus Christi Turning Basin to Viola Turning Basin

Setting New Records In Tonnage

In 2019, the Port of Corpus Christi set a new tonnage record of 122.2 million tons, surpassing the previous record of 106.2 million tons in 2018.

In these extraordinary times, we find ourselves faced with new challenges. In March of 2020, the global COVID-19 pandemic, an unprecedented crisis, threatened the safety of our nation. At the Port of Corpus Christi, we did what we always have done when disaster strikes. We took action.

Our Incident Management Team was activated as we focused on protecting our people and community. As national critical infrastructure, the Port of Corpus Christi is vital to our country’s economy and national security. There are over one million workers whose livelihoods are dependent on our ability to remain open for business, and our nation and global allies rely on us to deliver the energy they need to power the world.

We’re working hard to balance our role in ensuring our critical infrastructure remains safe for all workers and competitive for our customers, while also supporting the national and global response.

The last five years irrefutably have been transformative in our nearly 100-year history. We ended 2019 with the highest tonnage and revenues ever. These record-setting figures not only bespoke a resilient energy export market;

Sean C. Strawbridge Chief Executive OfficerPort of Corpus Christi Authority

Friends of the Coastal Bend,

Guiding PrinciplesFor sustainable growth, we hold the Port of Corpus Christi

and the companies we do business with to these ideals.

Job Creation &Economic Growth

Educational &Workforce

Development

Environmental Stewardship

& Sustainability

Corporate Social Responsibility

PRSRT STD US POSTAGE

PAIDCORPUS CHRISTI, TX

PERMIT NO. 1103